Kiyosaki has also repeatedly warned of collapsing markets. “The Everything Bubble, stocks, bonds, real estate are ready to collapse.
The author of “Rich father poor father“, Robert Kiyosakistates that he believes the price of Bitcoin will reach $2.3 million, citing a prediction from the CEO of Ark Invest, Cathie Wood. Meanwhile, he said the markets Stocks, bonds and real estate are ‘ready to crash’and expects the United States to declare bankruptcy.
The renowned guru reaffirmed his bullish stance on BTC. “Rich Dad, Poor Dad” is a 1997 book co-written by Kiyosaki and Sharon Lechter. It has been on the New York Times bestseller list for over six years. More than 32 million copies of the book have been sold in more than 51 languages in more than 109 countries.
The investor explained on social media platform X on Wednesday that Ark CEO Cathie Wood predicted Bitcoin will reach $2.3 million per BTC. “Do I believe her? Yes, I do,” the famous author wrote, noting that Wood is “very intelligente” and trust his opinion.
“Could I be wrong? Yes. I could be. So what? The most important question is ‘What do you believe?’ …And most importantly: ‘How many bitcoins do you own?'” she shared, emphasizing that if Wood is right, he wishes he had bought more BTC. However, he stressed: “I also believe that Bitcoin will reach US$2.3 million.”
What the famous analyst said
Wood and his asset management firm, Ark Invest, have made a bullish BTC price prediction that is even higher than the one cited by Kiyosaki. “We place our bullish case for bitcoin at $1.5 million“Ark’s CEO said recently, adding that “SIf institutional investors allocated a little more than 5% of their portfolios to bitcoin, that would only add up to $2.3 million” to the projection of US$1.5 million from his signature.
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In addition to the growing demand for spot Bitcoin exchange-traded funds (ETFs), Wood recently highlighted other factors that are driving the price of Bitcoin higher.. He said cryptocurrency is insurance against currency devaluation and wealth erosion. “I think this is an insurance policy against corrupt regimes or just horrible fiscal and monetary policies,” she detailed, attributing the recent rise in bitcoin price to a “flight to safety.”
Kiyosaki has also repeatedly warned of collapsing markets. “The Everything Bubble, stocks, bonds, real estate are ready to collapse. US debt increases by $1 trillion every 90 days. US bankrupt. Save yourself. Please buy more real gold, silver, bitcoin,” he wrote at X on Sunday.
Source: Ambito
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